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$1,775,000 Sale Pending
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Property Description
Located in the heart of Bay Terrace, this exceptional two-family home with three units offers a rare opportunity for both investors and end-users. Each floor has been fully renovated with luxury finishes, providing move-in ready condition throughout. The basement is completely finished, adding versatile space for recreation, storage, or home office use. The property has been extensively upgraded inside and out. It features three brand-new hot water tanks, all double-pane windows, a new Con Edison electrical meter bank, Verizon Fios connectivity, and energy-efficient LED lighting in common areas. The entryway and interiors have been refreshed with a new glass entry door and freshly painted hallways, foyer, and all three floors. Exterior improvements include a new roof, new concrete driveway, new balcony with steel beam supports, new gutters, and updated aluminum siding. The backyard has been transformed with full pavers and a privacy fence, creating an attractive outdoor space for relaxation and entertainment. For investors, this property offers immediate and strong rental income potential, while end-users will appreciate the ability to live in one unit and generate income from the others. With its combination of prime location, luxury upgrades, and excellent income potential, this property stands out as one of the best-finished multi-family buildings in Bay Terrace.
Full Property Details
Full Property Details for 209-08 23rd Ave
General
- Price: $1,775,000
- Taxes: $16,000
- Status: Pending
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 918469
- Updated: 12/30/2025
- Added to Site: 111 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Attached
Location
- County: Queens
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: Electric
- Heating Zones: 3
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- Detached/Attached: Attached
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Year Built: 1975
Financial Considerations
- Tax Amount: $16,000
Disclosures and Reports
- Special Conditions: None
Listed by RE/MAX Frontier
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Schools
Schools serving 209-08 23rd Ave
School District:New York City Geographic School District 25
| Name | Grades | Distance |
|---|---|---|
Is 25 Adrien Block 34-65 192nd St, Queens, NY 11358 | 6-8 | 1 mi |
Bayside High School 32-24 Corp Kennedy St, Queens, NY 11361 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 209-08 23rd Ave
Date
Details
Price
Change
Source
10/01/2025
Listed
$1,775,000
115.15%
MLS
8/08/2008
Sold
$825,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 209-08 23rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,045
—
$74,909
-29%
2024
$15,045
5%
$105,900
49%
2023
$14,282
—
$71,107
-22%
2022
$14,245
2%
$90,600
4%
2021
$13,925
5%
$86,760
-9%
2020
$13,213
—
$95,340
-4%
2019
$13,213
11%
$99,000
67%
2017
$11,915
—
$59,256
1%
2017
$11,915
8%
$58,449
6%
2016
$11,023
8%
$55,141
6%
2015
$10,172
2%
$52,020
—
2015
$9,965
12%
$52,020
5%
2013
$8,891
—
$49,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 209-08 23rd Ave
209-08 23rd Avenue, Bayside, NY 11360 (MLS# 918469) is a Multi-Family property with 4 units containing 8 bedrooms and 6 full bathrooms. 209-08 23rd Avenue is currently listed for $1,775,000 and was received on October 01, 2025. Want to learn more about 209-08 23rd Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bayside? You can browse all Bayside real estate or contact a Coldwell Banker agent to request more information.

